25
Apr
![](https://bbgi.ch/wp-content/uploads/2023/04/64479b3c7bd3d70d9371d994-848x450.jpg)
Accelerated de-dollarization of the world economy
The first signs of the end of petrodollars and the beginning of de-dollarization. China unites the discontented and proposes an alternative to the dollar. Petrodollars, petroyuans and the new BRICS currency. 4 major consequences of de-dollarization.
Key points
- How the dollar becomes THE international currency
- 50 years of dollar hegemony
- Emergence of petrodollars in the 1970s
- The first signs of the end of petrodollars and the beginning of de-dollarization
- The yuan becomes a respectable currency thanks to the IMF
- SWIFT and CIPS to facilitate yuan transactions
- China unites the discontented and proposes an alternative to the dollar
- Petrodollars, petroyuans and the new BRICS currency
- 4 major consequences of an accelerated de-dollarization